LM_HG215
Des Moines, IA                  Mon, Dec 10, 2018               USDA Market News

NATIONAL DAILY DIRECT HOG PRIOR DAY REPORT - AVERAGE NET PRICE DISTRIBUTION
Based on Slaughter Data for 12/07/2018

           Negotiated    Other    Swine     Other Negotiated   Combined   Packer
                        Market  Or Pork  Purchase    Formula      (1,10)    Sold
                       Formula   Market  Arrgment                           (All
                    (FUT/OPT)** Formula                                Purchase)
--------------------------------------------------------------------------------
    -22.00          0        0        0        52          0         0        0
    -20.00          0      173        0         0          0         0        0
    -18.00          0        0        0       164          0         0        0
    -16.00          0      147      252       506          0         0        0
    -14.00         68       30      914     2,817          0        68        0
    -12.00        228      328      755     7,544          0       228      158
    -10.00          0      538    3,879     7,197          0         0      289
     -8.00        636      847   13,741     9,567          0       636      146
     -6.00        671    1,368   22,699    19,776          0       671    1,216
     -4.00      1,348    6,428   44,214    13,397          0     1,348    3,765
     -2.00      2,562   16,268   18,193    10,172          0     2,562    4,351
--------------------------------------------------------------------------------
Weighted
Average       $49.71    $55.39   $56.70    $62.22               $49.71   $53.89
Net Price
--------------------------------------------------------------------------------
      2.00      2,367   15,018   16,455    19,002          0     2,367    1,773
      4.00      1,530    5,141   12,180    13,223          0     1,530    1,317
      6.00      1,936    3,257    7,208     8,009          0     1,936    1,793
      8.00        169      724    8,801    19,287          0       169      544
     10.00         41      864   15,172     7,775          0        41      407
     12.00          0      372    5,296     5,383          0         0        0
     14.00          0        0    4,466     1,346          0         0      396
     16.00          0        0      657       495          0         0        0
     18.00          0        0      240       387          0         0        0
     20.00          0        0        0       332          0         0        0
     22.00          0        0        0       500          0         0        0
--------------------------------------------------------------------------------
NOTE:  This report is derived from the National Prior Day Slaughtered Swine
Report (LM_HG201). The data represents the head count distribution of average
net prices in increments of $2 from the weighted average net price of each
purchase type, which is equal to 0.00.

The combined column contains data from the negotiated and negotiated formula

* Price not reported due to confidentiality. For more information visit:
www.ams.usda.gov/sites/default/files/media/ConfidentialityGuidelines.pdf

** Futures/Options

Source:    USDA Livestock, Poultry & Grain Market News Division, Des Moines, IA
           515-284-4460      email:  desm.lpgmn@ams.usda.gov
           24 Hour recorded market information 515-284-4830
           www.ams.usda.gov/market-news/livestock-poultry-grain
1100C

.